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Fidelity Warns Bitcoin’s Private Keys Face Future Quantum Risk

Josh1 min read

fidelity investmentsFidelity Digital Assets says future quantum computers could derive Bitcoin private keys from exposed public keys, threatening funds. A proposed hash-based signature system could strengthen security, although larger signatures would reduce transaction throughput and complicate wallet recovery. Fidelity Examines Bitcoin’s Quantum Vulnerability Bitcoin’s private-key protections may eventually require replacement or supplementation, according to the Fidelity […]

Source: https://news.bitcoin.com/security/fidelity-warns-bitcoins-private-keys-face-future-quantum-risk/

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